CU System briefs

August 12, 2015

ANCHORAGE (8/12/15)--Alaska USA FCU, Anchorage, raised more than $36,000 to support nonprofit organizations in the area that provide programs for children, veterans and active duty members of the military and their families. Called its Members Making Change donation drive, the inaugural fundraiser took place both online and at the credit union’s branches throughout the month of June. “Alaska USA members have shown enthusiastic support for the Alaska USA Foundation with their generous contributions,” said Dan McCue, Alaska USA FCU senior vice president of corporate administration ...

BIRMINGHAM, Ala. (8/12/15)--James Michael “Mike” Harrell, president/CEO of ACIPCO FCU, died Sunday. He was 61 (The Birmingham News Aug. 11). Harrell served the credit union movement for a quarter-century, not only running the Birmingham, Ala.-based credit union, but also serving on the Alabama Credit Union League board, among other leadership roles within the credit union movement. Harrell’s family has asked that donations be made to the Southeastern Credit Union Foundation in lieu of flowers ...

MASON CITY, Iowa (8/12/15)--Two Mason City, Iowa-based credit unions have agreed to merge, according to the GlobeGazette(Aug. 9). The boards of Northwestern States Cement Employee CU and CENT CU have approved the merger, and officials say the deal will allow the credit unions to expand the products and services they provide their members. “CENT is the ideal strategic partner for us,” said Vickie French, Northwestern States president/CEO. “With the rapidly increasing demand for technology and convenience, as well as growing regulatory burdens, CENT was the right solution for our membership.” The combined institution will maintain two branches in Mason City. The merger is expected to be finalized by the beginning of November ...

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